School district · Otsego County, NY

Cherry Valley-Springfield Centrl School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Cherry Valley-Springfield Centrl School District took in $15.7 million and spent $14.9 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

State tax money63%School district taxes33%Fines and other3.2%Fees for services (school tuition and transportation, school lunches)0.4%County and local tax money<0.1%

What stands out

33%

of Cherry Valley-Springfield Centrl School District's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes33%

Property tax

33%$5.2 million

Fees for services0.4%

Fees for services

0.4%$70 thousand

What's in fees for servicesSchool tuition and transportation and school lunches

School tuition and transportation$38 thousand
School lunches$32 thousand

Amounts are by Census type of charge.

State tax money63%

Money the state passes on, paid for by the state taxes residents also pay.

From the state

63%$10.0 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments

<0.1%$14 thousand

Fines and other3.2%

Interest, rents and other

3.2%$500 thousand

Where it goes

Schools and colleges99%Interest on debt1.2%

Spending by category100%

Schools and colleges

99%$14.7 million

What's in schools and collegesElementary and secondary schools

Elementary and secondary schools$14.7 million

Interest on debt

1.2%$175 thousand

Sources and moreWhere these numbers come from and what they cover

Cherry Valley-Springfield Centrl School District. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Cherry Valley-Springfield Centrl School District itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.